Saba Capital, a New York hedge fund that has requisitioned General Meetings at seven UK investment trusts, faces a crucial ...

It wants to create an open-ended version of the trust, despite the board already undergoing a strategic review ...

Saba is convening the General Meetings based on thoughtful feedback ... These statements include, but are not limited to, statements about strategies, plans, objectives, expectations, intentions ...

We urge shareholders of the six other trusts at which we have requisitioned General Meetings to support Saba’s resolutions in order to set these trusts on the path to meaningful value creation." ...

Saba has suffered its fourth and fifth consecutive defeat at the hands of investment trust investors after the shareholders of two more funds rejected the hedge fund’s takeover proposals.

We urge shareholders of the six other trusts at which we have requisitioned General Meetings ... currently available to, Saba. These statements include, but are not limited to, statements about ...

Saba remains committed to putting shareholders’ interests first, delivering returns for U.K. trust investors and ultimately rehabilitating this broken sector. We urge shareholders of the six other ...

The European Smaller Companies Trust's shareholders voted down proposals by the hedge fund tycoon's firm Saba Capital to kick out its existing directors and replace them with his allies.